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OpenAI raises $11bn of its round at a $1.25tn valuation, Bloomberg reports

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Source: TechCrunchAlso reported by Bloomberg

Bloomberg reported that OpenAI has raised $11 billion so far in a funding round that values the AI lab at $1.25 trillion, citing sources familiar with the matter. The round has not closed and could total about $20 billion, a source told Bloomberg, which falls well short of the $30 billion Bloomberg reported OpenAI was seeking in late September. TechCrunch has asked OpenAI for comment.

Why it matters

The round could reach about $20 billion, two thirds of the $30 billion OpenAI was reported in September to be seeking, at a valuation of $1.25 trillion.

When
6 Nov 2026
ID
WTA-N-2026-0787
Who
OpenAI

Summary written with AI by wheresthe.ai, from TechCrunch and the reporting credited above. Checked against the source on 6 Nov 2026.

Read the original at TechCrunch

Source copy: saved on 6 Nov 2026 to check this story and not republished, because the text belongs to its publisher. Also held by the Internet Archive.

Cite this story

WTA-N-2026-0787: “OpenAI raises $11bn of its round at a $1.25tn valuation, Bloomberg reports.” wheresthe.ai, 6 Nov 2026. https://wheresthe.ai/d/us-openai-raises-11bn-of-its-round-at-a-1-25tn-valuation-blo-2026-11/ (source: TechCrunch).

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